Ukraine Economy: Set Up For Fast Recovery

Ukraine is set up for a fast recovery in the coming quarters as the economy has adapted successfully to quarantine mode and as strong domestic demand supports growth. Monetary and FX policies have remained steady, even following a change in management at the central bank this summer. However, Ukraine's work with IFIs is on hold owing to the government's failure to stick with their economic reform and anti-corruption measures. Returning to smooth cooperation with the IFIs is a must for Ukraine, and failure to do so on time will undermine investor confidence and pose serious risks to economic stability.

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